Sen. Thune Begins Work On Health Care Bill
ME has prohibited medical underwriting since the 1990s, well before former President Barack Obama signed the ACA into law in 2010. We'll be doing their job evaluations when this is over, and we can send them on their way if they fail to meet our expectations.

Michael Carrick has Europa League glory in his sights
After Man United's defeat at Arsenal, the FC crew lambaste Jose Mourinho for his excuses about his side's shortcomings. The likely matchup will be Manchester United and Ajax squaring off for a Champions League berth.

DeVos, Omarosa Booed Mercilessly at Commencement Ceremony
They are living proof that when more options are provided to students, they are afforded greater access and greater quality. As a result, students did not have time to properly share their displeasure with the school before the day of graduation.

Oil prices rise on expectation of output cut extension
U.S. crude output averaged 9.3 million bpd in the week ended April 28, its highest since August 2015, according to federal data. Brent crude futures, the worldwide benchmark for oil prices, were at $49.85 per barrel at 0020 GMT on Monday (8:20 p.m.

Snap shares plummet after net loss

Shares of the company plunged more than 20 per cent to $US18.30 in after-hours trading on Wednesday. As we stated above, for the first quarter of 2017, Snap lost $2.2 billion dollars. Meanwhile, Facebook has launched Snapchatcopycat features like its own version of Stories.

To compensate for the lacklustre user growth, Snappointed out that more than 3 billion daily snaps were created in order to underscore how actively engaged its user base is.

Snapchatreported an increase in the number of daily active users from 158 million at the start of the year to 166 million. Yesterday, the company also added a new creativity tool, Magic Eraser, that lets users edit objects from their Snaps before sending. Snapchat has fought back, rolling out a Stories Search feature for certain topical posts and launching a slate of new creative tools.

"We still have a lot of work to do, but I'm excited by the amount of progress we've made in such a short time", Evan Spiegel, chief executive of Snap, said on the call.

In its IPO filing, Snap revealed that it had not been profitable since beginning commercial operations in 2011, with an accumulated deficit of $1.2 billion.

Essentially, if Snapchat can't grow like Facebook, can it monetize like Facebook?

Snapchat, however, has already been more than eclipsed by Instagram Stories.

This is a big change to initial set up of the app, which saw photos and videos disappear after 10 seconds. Not only did the company miss expectations, it showed slowing users growth and posted enormous losses for the quarter.

All the copying appears to be paying off for Facebook.

When pressed on the call about competing with Facebook, Spiegel said he expects that "everyone is going to develop a camera strategy".

"Right now they clearly have a loyal user base in the younger population, but the over 30 year old demographic is one of the most attractive segments for advertisers due to their spending power", Eric Kim, managing partner at venture capital firm Goodwater Capital, wrote in a report.